Abu Dhabi favours borrowing over sovereign asset withdrawals
Abu Dhabi is expected to prioritise additional borrowing over withdrawals from sovereign wealth assets if the US-Iran war escalates, according to Fitch Ratings, which forecasts substantial budget surpluses and manageable government debt through 2028. The rating agency said the emirate would favour debt financing rather than drawing down investments beyond the established dividend policy of the…
We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.
